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Latest from Sheldon Reback
Tether to Establish AI Unit, Starts Recruitment Drive
The unit will focus on the development of open-source AI models and collaborate with other firms to integrate the models into products that could address real-world challenges.

Bitcoin Miner Arkon Energy Plans Public Listing in Amsterdam Through Merger With Shell Company
The two parties agreed to a 90-day mutual exclusivity period on Feb. 21 to work toward a definitive agreement

Soaring U.S. Debt Has Potential to Replay U.K.'s 2022 Market Shock, CBO Warns
Bitcoin and gold may already be pricing in a crisis scenario. Both recently set new record highs amid an elevated interest-rates environment worldwide.

Galaxy Digital Reports 2023 Net Income of $296M Following Year-Earlier $1B Loss
The reversal marks a thawing of the crypto winter that occurred in 2023.

TrueFi Unveils Lending Protocol for Tokenized Real-World Assets; TRU Jumps 14%
Investors will be able to take out crypto loans by pledging TrueFi's U.S. Treasury bill tokens, with plans to expand collateral to other types of tokenized RWAs, according to the proposal.

First Mover Americas: Back in the Green
The latest price moves in crypto markets in context for March 25, 2024.

EU Markets Watchdog Steps Closer to Finalizing Rules Under MiCA
The European Securities and Markets Authority on Monday published a final report on measures along with its third consultation package for further rules and guidance.

Crypto Market Remains Focused on Spot Bitcoin ETF Flows Over Fundamentals: Coinbase
There were $836 million in net outflows between March 18 and March 21, the report said.

Nigeria Charges Binance With Tax Evasion After Detained Exec Escapes: Reports
One of two senior Binance executives in government custody has escaped, local media reported over the weekend.

Floki Developers Plan Regulated Bank Accounts in Next Value Capture for Tokens
SWIFT payments and SEPA IBANs will be supported – allowing users to transact and transfer money globally.
